ENERGY ECONOMICS
The method, application, and limitations of traditional economic approaches to the study of energy problems. Topics include microeconomic foundations of energy demand and supply; optimal pricing and allocation of energy resources; energy market structure, conduct, and performance; macro linkages of energy and the economy; and the economics of regulatory and other public policy approaches to the social control of energy.
Topics
- microeconomic foundations of energy demand and supply
- optimal pricing and allocation of energy resources
- energy market structure
- conduct
- and performance
- macro linkages of energy and the economy
- and the economics of regulatory and other public policy approaches to the social control of energy
Topics explicitly listed in official catalogue description
Prerequisites & course information
Requisites: Graduate/professional standing or (senior standing and ECON 101 , 111 , A A E 101 , or 215 prior to Fall 2024) Course Designation: Core GenEd - Social & Behavioral Science Breadth - Social Science Level - Advanced L&S Credit - L&S Liberal Arts and Science Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Spring 2020 Learning Outcomes: 1. Understand fundamentals of energy sources and technologies. Audience: Both Grad & Undergrad 2. Be familiar with microeconomic theory with applications to energy industries and markets. Audience: Both Grad & Undergrad 3. Build analytical skills in economic analysis and be able to apply the economic thinking to historical and contemporary energy-related issues. Audience: Graduate 4. Analyze the causes of and solutions for the sustainability challenge of affordable and clean energy. Audience: Both Grad & Undergrad 5. Apply sustainability principles and/or frameworks to addressing the challenge of affordable and clean energy. Audience: Both Grad & Undergrad Learning Outcomes: 1. Understand fundamentals of energy sources and technologies. Audience: Both Grad & Undergrad 2. Be familiar with microeconomic theory with applications to energy industries and markets. Audience: Both Grad & Undergrad 3. Build analytical skills in economic analysis and be able to apply the economic thinking to historical and contemporary energy-related issues. Audience: Graduate 4. Analyze the causes of and solutions for the sustainability challenge of affordable and clean energy. Audience: Both Grad & Undergrad 5. Apply sustainability principles and/or frameworks to addressing the challenge of affordable and clean energy. Audience: Both Grad & Undergrad
Catalogue variants
- ENERGY ECONOMICS · 3 credits.